Thursday, August 9, 2012

Lindsey Williams Radio Liberty Interview: The Dollar will Collapse shortly after the Elections , get out of all paper assets , secure your portfolio with gold and silver , gold will still go to $3000/oz maintains Pastor Lindsey Williams and silver will go to $75/oz , regarding the wars in the middle east Lindsey Williams says that every country will be given to the Muslim brotherhood , the last country to see a revolution and go through massive chaos is Saudi Arabia , The elite are 6 months behind in their plans for the middle east , because Russia stepped in to protect Syria , that's why the oil is not $150 already , they stopped drilling for oil at the Liberty rig in Alaska until the oil price hits $150 , take advantage of the elite's problems , the US dollar is still fairly strong use it to buy real assets before the collapse.

Aug 2nd 2012 Lindsey Williams Radio Liberty with Dr. Stanley Monteith - The Elite & Our Future .: this is the latest interview of Pastor Lindsey Williams so far , the key points are , the elite have stopped drilling at the Liberty rig in Alaska the largest drilling well on the surface of the earth also called Gull Island the reason is that they want the oil price to hit $150 a barrel before they will continue drilling , oil gold and silver are still cheap because the elite are 2 to 6 months behind their plans in the middle east , Gaddafi and Assad regimes did not fall as fast as they were projecting for them to fall , the elite want to turn over every country in the middle east to the Muslim brotherhood , the elite want to drown everyone and every nation in debt before they come up with a new gold based currency to replace the dollar when this one has collapsed , get out of all paper assets , and use this opportunity to buy gold and silver bullion they will be a lot more expensive before the end of 2012 says Lindsey Williams

Every now and then we prefer to sit back and let some of the smartest money speak, especially when said smart money agrees with us. In this case, we hand the podium over to none other than Paul Singer’s Elliott Management, which after starting with $1.3 million in 1977 was at $19.8 billion most recently. No expert networks, no high frequency trading, no “information arbitrage”, no crony capitalism and pseudo monopolies of scale, and most certainly no bailouts: Singer did it all the old fashioned way: by picking undervalued assets and watching them appreciate. The timing is opportune because while Elliott has much to say about virtually everything in their latest 20 pages Q2 letter, it is the billionaire’s sentiment vis-a-vis US Treasury debt that may be most critical, and may be the catalyst that resulted in today’s abysmal 10 Year bond auction. To wit: “long-term government debt of the U.S., U.K., Europe and Japan probably will be the worst-performing asset class over the next ten to twenty years. We make this recommendation to our friends: if you own such debt, sell it now. You’ve had a great ride, don’t press your luck. From here it is basically all risk, with very little reward.” There is little that can be misinterpreted in the bolded statement. And while many have taken the other side of the Fed over the past 3 years, few have dared to stand against Paul Singer because if there is one person whose opinion matters above most, certainly above that of the Chairsatan, it is his.

DDR Corp. operates as a real estate investment trust (REIT) in the United States. The company engages in acquiring, developing, redeveloping, owning, leasing, and managing shopping centers, mini-malls, and lifestyle centers. As of February 5, 2007, it owned or managed approximately 461 shopping centers and 7 business centers, as well as 1,170 acres of undeveloped land. The company qualifies as a REIT for federal income tax purposes. As a REIT, the company would not be subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. DDR Corp. was founded in 1965 and is headquartered in Beachwood, Ohio.

To review DDR’s stock, please take a look at the 1-year chart of DDR (DDR corporation) below with my added notations:

DDR has created a couple of important price levels to watch. First, DDR has formed a clear resistance at $15 (navy), which would also be a 52-week high breakout if the stock could manage to break above it. In addition, the stock is climbing a short term, up-trending support level (blue) over the last (2) months. These two levels combined have DDR stuck within a common chart pattern known as an Ascending Triangle. Eventually, the stock will have to break one of those two levels.

The Tale of the Tape: DDR has an up trending support and a 52-week resistance level to watch. A long trade could be made on a breakout above the $15 resistance. A break below the up trending support could be an opportunity to enter a short trade.

Green Mountain Coffee Roasters (NASDAQ:GMCR) — In my Stocks to Sell in October, I recommended that owners should sell their shares of GMCR and traders should short the stock. At that time, the stock was trading at over $92 a share. I noted that it had more than doubled since March, was selling at 90 times earnings, and coffee prices were rising.

That was a great time to sell Green Mountain, but there are times to sell and times to buy, and yesterday the stock rose $4.75 to $22.66, indicating that a bottom had formed. If you are one of those investors who benefited from our October recommendation, it is time to buy, covering your short and racking up a solid profit. But chasing a stock that is up 26% in a day as a new purchase might be foolhardy.

GMCR received a favorable recommendation from an article in Barron’s, which noted that it is “the fastest-growing category in the grocery channel.”

Its FQ3 income rose 30% due to strong sales of its K-cup coffee and tea packs, and it beat analysts’ earnings estimates. Inventories are up on its Keurig Single Cup Brewing system, and the stock jumped on anticipation that holiday sales would be strong for that product. Analysts see a double in the stock from about $18, but its bearish resistance line sits at $28.

Note the gap at $19.30 to $20.12, which will probably be partially covered on a pullback. Buy GMCR at $21 for a trade to $28. Longer-term buyers might benefit from the enormous gap at $30.29 to $48.62.

“Debasement was limited at first to one’s own territory. It was then found that one could do better by taking bad coins across the border of neighboring municipalities and exchanging them for good with ignorant common people, bringing back the good coins and debasing them again. More and more mints were established. Debasement accelerated in hyper-fashion until a halt was called after the subsidiary coins became practically worthless, and children played with them in the street, much as recounted in Leo Tolstoy’s short story, Ivan the Fool.” – Charles P. Kindleberger – Manias, Panics, and Crashes

The Holy Roman Empire debased their currency in the early 1600s the old fashioned way, by replacing good coins with bad coins. Any similarities with the U.S. issuing pennies that cost 2.4 cents to produce and nickels that cost 11 cents to produce is purely coincidental. I wonder what the ancient Greeks would think of our Olympic gold medals that contain 1.34% gold. The authorities have become much more sophisticated in the last one hundred years. Digital dollars are so much easier to debase. The hundred year central banker scientifically manufactured bust relentlessly plods towards its ultimate conclusion – the dollar reaching its intrinsic value of zero.

Today 40 year veteran, Robert Fitzwilson, wrote the following piece exclusively for King World News. Fitzwilson, who is founder of The Portola Group, put together a fascinating piece which takes covers everything from Art Cashin, the 70s, and what the smart money is doing right now. Below is Fitzwilson’s piece.

“The great Art Cashin once said that he was counseled as a young man “not to plan for the end of the world as it is a one-off event”. As we try to divine our investment future, it is helpful to keep that sage advice in mind.

When I started my career in the early ‘70s, my singular goal was to graduate from a certain business school. It was the crowning achievement of my young life. Graduating in 1973, I took a job with an investment firm, eager to learn the business. Unfortunately, I parachuted right into one of the worst bear markets in history. It was so bad that we were forced to retreat to libraries to read books about how to invest.

The answer, though, was simple. Everything was going down. It did not matter what theory one employed. The Dow Jones had peaked in January of 1973 at 1067, and dropped like a stone to finally bottom out at 570 at the end of 1974. Needless to say, my eagerness and budding love of the business was greatly diminished.

The "Chart of the Day" is Footlocker (FL), which showed up on Tuesday's Barchart "All-Time High" list. Footlocker on Tuesday posted a new all-time high and closed up 2.16%. TrendSpotter has been long since July 6 at $31.31. In recent news on the stock, Morgan Stanley on July 20 initiated coverage on Footlocker with an Equal Weight. However, Deutschebank on May 29 upgraded Footlocker to a Buy from Hold and raised its target to $38 from $32 citing the company's execution and strength in the athletic footwear cycle. Citigroup on May 18 reiterated its Buy rating and raised its target to $40 from $36 following the company's Q1 results. Footlocker, with a market cap of $5 billion, is a leading global retailer operating primarily mall-based stores in North America, Europe, Asia and Australia.